and here i thought it was due to supply and demand...

and here i thought it was due to supply and demand

http://www.energytrendsinsider.com/2013/04/18/2013-crude-oil-outlook-supply-demand/

i see that small dip in 2007... of world supply oil ....

I guess that enough to knock off the price of oil by 50% ... The price has nothing to do with
OPEC and shade war aka petrol dollar .....

I see your logic.

PS smart one. there is a difference between demand and price.
There could be a high demand but the price could be low. Is this because the US control the petro dollar ...... wonders ...... darling